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Bill Ackman’s New Stock Picks Are Here. These ETFs Could Be Worth Watching

Reviewed by ClearTape · Source: Benzinga

Key takeaways

Bill Ackman's new portfolio additions create opportunities for ETF investors to capture his thesis on strong earnings growth ahead.
Pershing Square USA, Ltd.'s concentrated portfolio is down 6% YTD, compared with a roughly 13% gain for the S&P 500 total-return index.
Mastercard accounts for 5% of VFH, while Visa represented another 4.3%.
IAI had gained about 6% year-to-date through July 28, according to iShares.

What happened

Bill Ackman overhauled his portfolio, adding six companies to Pershing Square USA, Ltd.'s concentrated portfolio.

Why it matters

Ackman's new positions include Netflix, Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon, which he believes will see strong earnings growth ahead.

Short-term and longer-term

Short-term. ETF investors may want to consider the Vanguard Financials ETF and the Communication Services Select Sector SPDR ETF to capture pieces of Ackman's thesis.

Longer-term. Ackman's new positions in Netflix, Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon may offer opportunities for long-term investors to capture his thesis on strong earnings growth ahead.

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